On December 22, major market indices opened higher, with sectors like communications, non-ferrous metals, and electronics leading the gains. The Hainan Free Trade Port concept surged again. By 10:53 AM, stocks such as Kangzhi Pharmaceutical, Hainan Ruize, and Hainan Airport hit their daily limit-up. The full-island customs closure operation of Hainan Free Trade Port officially commenced on December 18. According to Sanya’s Commerce Bureau, duty-free sales on the first day reached 118 million yuan, with visitor traffic at Sanya International Duty-Free Shopping Complex exceeding 36,000, up over 60% year-on-year, and sales rising 85% YoY. The CPO (Co-Packaged Optics) concept also strengthened, with stocks like Changfei Optical Fiber, Hengtong Optic-Electric, and Tefa Information hitting limit-up, while Changxin Boke and KEGG Precision surged over 10%. This follows breakthroughs in next-gen optical computing chips by Shanghai Jiao Tong University researchers, enabling large-scale semantic media generation models. The precious metals sector also rose, with Hunan Silver and Western Gold up over 5%, while Zhongjin Gold and Shandong Gold followed suit.
Among individual stocks, Guangxi Oriental Intelligent Manufacturing Technology Co., Ltd. (002175) resumed trading with a limit-up. The company announced on December 19 that its controlling shareholder would change from Kexiang High-Tech to Modern Logistics, with actual control shifting to Guangxi SASAC. Meanwhile, China High-Tech (600730) opened lower and quickly fell to limit-down after resumption. Its indirect controlling shareholder, New Founder Group, signed a share transfer agreement with Yangtze Semiconductor to sell 100% of Founder International Education. If completed, the direct controlling shareholder remains unchanged, but indirect control will shift to Dongyang SASAC and other individuals. Tianjin Bohai Chemical Co., Ltd. (600800) resumed trading with a limit-down, with over 1.46 million sell orders, after terminating a major asset sale and acquisition plan.
IPO updates: New Guangyi and Shaanxi Tourism opened for subscription on December 22. Three IPOs are scheduled this week, with Hengdong Optic available on Tuesday. New Guangyi offers 3.6716 million shares (881,150 online) at a P/E of 28.59x and price of 21.93 yuan, focusing on high-performance specialty materials. Shaanxi Tourism offers 1.9333 million shares (1.9333 million online) at a P/E of 12.37x and price of 80.44 yuan, operating in tourism performances, cableways, catering, and investments.
Margin trading data shows a net increase of 4.577 billion yuan in financing balances to 2.49 trillion yuan as of December 19. Among stocks, 398 saw net financing purchases exceeding 10 million yuan, with 22 surpassing 100 million yuan. Ping An led with 587 million yuan, followed by GigaDevice and C-Youxun at 576 million and 521 million yuan, respectively. Yonghui Superstores, Aerospace Development, and Ganfeng Lithium also saw significant inflows.
Eight companies received concentrated institutional research over December 18–19. Boying Special Equipment drew 72 institutions, focusing on overseas operations and Vietnam plant advantages. The company highlighted its three global production bases and strong overseas growth, with 54.28% of Q3 revenue from exports. SAIC Motor attracted 61 institutions, discussing sales performance, the H5 model’s 20,000 deliveries in 78 days, and solid-state battery progress. Two new models are planned for 2024.
Disclaimer: Market data does not constitute investment advice. Investors should exercise caution.
